Madsen Byg ApS — Credit Rating and Financial Key Figures

Madsen Byg ApS (CVR number: 40248188) is a company from HJØRRING. The company recorded a gross profit of 422.2 kDKK in 2023. The operating profit was 0.6 kDKK, while net earnings were -8.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Madsen Byg ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.